PRIME MACRON 2022. The PEPA premium will triple and reach 6,000 euros. Implementation, which should still take several weeks, is definitely not before the results of the parliamentary elections. Amount, date of payment, for whom? We tell you everything.
[Mis à jour le 25 mai 2022 à 08h13] Purchasing power bill finally to be announced at the end legislative elections which will take place on June 12 and 19. Announcing the potential announcement even before the legislative election, a government spokesman Olivia Gregoire retreated! The implementation of such a project, depending on a hypothetical majority in the National Assembly, can only be presented at the end of the latter. Thus, the tripling of Macron’s bonus will not be announced sooner. June 20 next. There is no doubt that its number will increase with 1000 euros to 3000 euro net of tax from this year for all employers who wish to pay it, still on a voluntary basis.
In all likelihood, for companies with fewer than 50 employees and for those who have signed a profit-sharing agreement, the amount of the exclusive purchasing power bonus could rise sharply from 2,000 euros to 6000 euro. Good news for paying companies and employers: the PEPA premium is completely exempt from employer contributions. The same on the part of the employee, no social fees from this bonus. This government support was introduced to fight galloping inflation. Recently, consumer prices have been on an upward trend, as evidenced by the rate of inflation (+4.8% in April for one year). And according to the latest INSEE forecasts, this trend should be confirmed in the coming months with inflation around 5.4% expected in May 2022 for twelve floating months. But then which employees are covered by Macron’s bonus? All employees whose wages are less than 3 times the minimum wage. Last year, 4 million the French took advantage of this, on average worth 506 euros. While the exact dates of the payment are not known, the government did not want to say more. However, these new amounts could come into effect by the summer. Beneficial to the employer as it is exempt from employer contributions, this PEPA bonus is also beneficial to the employee. Indeed, it is not subject to social security contributions.
Since 2019, employees can receive an exceptional bonus exempt from taxes and social security contributions called the Macron Bonus. This exceptional purchasing power bonus (paid by any employer who wishes it to employees, under certain conditions. In particular, if the employee in question does not exceed a certain income limit. This tax exemption and welfare scheme aims to encourage employers to pay bonuses to their employees to increase their purchasing power. This is not a state award, but a company award, which remains optional and voluntary.
To be exempt from employee contributions, Macron’s bonus cannot exceed the amount 1000 euros. Companies that have profit-sharing agreement can pay the Macron bonus up to 2000 euro. This amount, doubled, is also valid for companies with less than 50 employees and second-tier employees (when carrying out revaluation activities). This bonus can now triple in the event of a LREM candidate being re-elected on 24 April, increasing from €1,000 to €3,000. And up to €6,000 without fees and taxes for companies benefiting from a profit-sharing agreement.
Macron’s bonus is paid within the time period stipulated by law. In this case, between June 1, 2021 and March 31, 2022. Whether you are a civil servant, an employee or an industrialist, you have the opportunity to benefit from it. Under the purchasing power bill, Macron’s bonus reform is due to be announced in the coming weeks after the legislative elections, according to the latest words from government spokeswoman Olivia Gregoire.
The amount of the Macron bonus exempted from contributions is limited 1000 euros. However, this amount can double and reach 2000 euro in the following cases:
- The company signed a profit sharing agreement
- The company has less than 50 employees
- Second line workers (if measures are taken to improve skills)
The Exceptional Purchasing Power Bonus is exempt from income tax and from any social security contributions or deductions. But then who is eligible for Macron’s bonus? Workers earning less 3 times smik (for 12 months prior to payment). This Macron bonus does not replace any element of the reward.
Already renewed in 2021 premium PEPA extended for a year 2022. Note that the employer is not required to pay the bonus to Macron. If he wishes to pay, he has the option to do so inall his employeesor only to employees whose remuneration is less 3 times smik.
In 2022, the Macron Prize is used by both employees and students, as well as temporary workers and civil servants. The employer can fully modulate the amount of the PEPA bonus payout depending on the recipient according to certain criteria such as the employee’s remuneration, the employee’s classification level, their working conditions during the Covid crisis, or their working hours during the year.